February 26, 2025
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Tag: Rupee record low

Rupee slides down to record low of 87.29 after Trump’s tariff threats – The Times of India

admin04 mins

NEW DELHI: Rupee followed global currency market’s trend, plunging down 67 paise against the greenback, registering a record low of 87.29 during early trade on Monday. This slip was triggered by the ongoing trade war between the US and its largest trade partners like Canada, Mexico and China.Global markets turned volatile following US President Donald…

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Re falls to 84.28, biggest drop in over 4 months – Times of India

admin03 mins

MUMBAI: The rupee suffered its largest decline in over four months, dropping 17 paise, or 0.2%, to close at 84.28 against the US dollar following Trump’s victory. Despite hitting a record low, the rupee performed relatively well compared to other currencies as the dollar strengthened significantly against global counterparts.Dealers said that RBI’s intervention helped limit…

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